Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EIMCOELECO) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EIMCOELECO) share price targets

Complete technical analysis of Eimco Elecon (EIMCOELECO) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EIMCOELECO)

Eimco Elecon trades in NSE in Industrial Machinery sector.

10 day averaged volume of Eimco Elecon is 18090

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1826.30	1900.00	1918.95	1807.95	0.487 times
05 Fri Apr 2024	1853.70	1820.00	1900.00	1750.00	1.232 times
04 Thu Apr 2024	1786.15	1848.00	1848.00	1681.95	1.642 times
03 Wed Apr 2024	1771.60	1630.00	1771.60	1630.00	3.241 times
02 Tue Apr 2024	1610.55	1595.00	1631.00	1580.00	0.512 times
01 Mon Apr 2024	1579.80	1554.90	1595.95	1539.20	0.585 times
28 Thu Mar 2024	1528.15	1520.25	1580.00	1480.80	0.706 times
27 Wed Mar 2024	1522.45	1544.95	1544.95	1501.00	0.525 times
26 Tue Mar 2024	1506.50	1544.50	1544.50	1489.45	0.427 times
22 Fri Mar 2024	1507.70	1547.50	1547.50	1482.10	0.712 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1858.2, for a target of 1689.9 or 1549.65

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	864.90
Downside Target	1323.00
Downside Target	1392.00
Downside Target	1480.80
Downside Target	1580.00
Downside Target	1680.00
Downside Target	1701.00
Downside Target	1807.95
Downside Target	1823.00
Upside Target	1897.80
Upside Target	1900.00
Upside Target	1918.95

Intraday share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Intraday Target	1783.18
Downside Intraday Target	1740.07
Upside Intraday Target	1894.18
Upside Intraday Target	1962.07
Upside Intraday Target	1851.07

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1826.30	1900.00	1918.95	1807.95	0.068 times
05 Fri Apr 2024	1853.70	1554.90	1900.00	1539.20	4.35 times
28 Thu Mar 2024	1528.15	1544.50	1580.00	1480.80	0.809 times
22 Fri Mar 2024	1507.70	1392.00	1547.50	1392.00	0.644 times
15 Fri Mar 2024	1429.35	1484.00	1510.00	1335.00	0.768 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1826.30	1554.90	1918.95	1539.20	0.673 times
28 Thu Mar 2024	1528.15	1323.00	1580.00	1323.00	9.76 times
01 Fri Dec 2023	1774.10	1749.95	1823.00	1701.00	0.055 times
30 Thu Nov 2023	1706.60	1475.00	1897.80	1355.25	0.337 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Eimco Elecon (EIMCOELECO)

Price action analysis of Eimco Elecon ( (EIMCOELECO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eimco Elecon ( (EIMCOELECO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eimco Elecon ( (EIMCOELECO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Eimco Elecon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eimco Elecon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eimco Elecon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Eimco Elecon in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Eimco Elecon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1707.38 and Eimco Elecon (EIMCOELECO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Eimco Elecon (EIMCOELECO) stock. Volume based technical analysis of Eimco Elecon (EIMCOELECO) stock is negative.

Eimco Elecon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.